Mahindra & Mahindra Financial Services (Mahindra Finance) Wednesday reported more than two-fold jump in standalone net profit at Rs 381 crore for the July-September quarter, helped by increase in revenue from operations and other income. The company had posted a net profit of Rs 164 crore in the corresponding July-September quarter of 2017-18.
Its income increased by 39 per cent to Rs 2,148 crore during the second quarter of 2018-19, as against Rs 1,540 crore in the same period of the preceding fiscal, Mahindra Finance said in a regulatory filing.